The greatest danger or risk of an unsound best-cost provider strategy is
A-that buyers will be highly skeptical about paying a relatively low price for upscale attributes/features.
B-not establishing strong alliances and partnerships with key suppliers.
C-that low-cost leaders will be able to steal away some customers on the basis of a lower price, and high-end differentiators will be able to steal away customers with the appeal of better product attributes.
D- that it will be unable to achieve top-notch quality at a rock-bottom cost.
E- becoming too highly integrated and not relying enough on outsourcing.
Expert Answer
100
Answers
The greatest danger or risk of an unsound best-cost provider strategy is option C - that low-cost leaders will be able to steal away some customers on the basis of a lower price, and high-end differentiators will be able to steal away customers with the appeal of better product attributes.
This is because a best-cost provider strategy aims to offer both low prices and upscale attributes/features, but if it fails to do so effectively, customers may choose to go to competitors who specialize in one or the other. Therefore, it is important for companies using this strategy to strike a balance and effectively communicate the value proposition to customers.
What is a best cost provider approach example?
For instance, Amazon.com can provide low pricing in part because it is not required to pay the overhead associated with running storefronts. Similar to this, some skilled chefs are using a best cost strategy by running food trucks, avoiding the expenses associated with maintaining a restaurant, such as rent and utilities.
To know more about best-cost provider strategy:
https://brainly.com/question/30999788
#SPJ11
Related Questions
A 1-liter bottle of orange juice used to cost $2. 85 at a food market. Its price has increased; the new price is 110 percent of the original price. What is the new price of the juice? Round your answer to the nearest cent.
Answers
The new price is 100 percent greater than the earlier price. The price of the juice has increased by $3.14.
Let's assume that the orange juice's initial cost is P. The juice is now being sold for 100% more than it was previously. Therefore, the orange juice's new price is 110/100 Por, or 11/10 P. The new price is equal to 11/10 divided by 2.85, or around $3.14 (rounded to the closest penny).$The juice now costs $3.14 as a result.
Florida is anticipated to produce less than half of last year's harvest in 2023, according to the Agriculture Department, a 93�crease from the state's highest output in 1998. Currently grown oranges are likewise smaller.
To Know more about highest output
https://brainly.com/question/29643432
#SPJ11
A stockholder sold her shares and made a profit of $1,403. If that is a profit of 27%, how much were the shares worth when she originally
purchased them? Round to the nearest cent .
Answers
The worth of the shares when the stockholder originally purchased them is $1105.
What are shares?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.
It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:
127 = $1,403
∴ 100 = $1,403/127 × 100
= $1104.72
Therefore, $1104.72 is the original purchase price of the share.
To learn more about share, click here:
https://brainly.com/question/28392295
#SPJ1
Match each sales or pricing practice to the description.
Answers
Based on the descriptions given, the pricing practices are:
Deceptive practices - Unethical actions taken to trick or mislead customers. Price fixing - Maintaining of prices at a certain level Predatory pricing - Selling a product at a price that is lower than cost as a way to get rid of competition Price gouging - Setting prices at a much higher level than what is considered fair Price discrimination - Selling a product or service to different buyers at different prices Cold calling - A sales strategy in which a salesperson contacts a person without their consent What are some pricing strategies?There is price fixing where oligopolies maintain prices at a certain level by agreeing with themselves as the competing sellers.
There is price discrimination where products are sold to different buyers at different prices to make more profit.
Find out more on price gouging at https://brainly.com/question/14610917
#SPJ1
Steps in achieving success in strategic decision. (Subject: Enterprise Systems and Architecture).
Answers
The steps in achieving success in strategic decisions are to: Assess the Situation, Determine the Objective, Strategize, Develop and Monitor Plans and Adjust accordingly.
Assess the Current Situation: The first step is to understand the current situation. Understanding the present situation assists you in identifying the areas where changes are necessary. A successful strategic decision is based on a comprehensive understanding of the current situation.Determine the Objective: Define your goal to make a strategic decision. Identify what you want to accomplish. Having a clear objective enables you to develop a strategic plan.Define Strategies: Establish strategies for achieving your objectives. These strategies should be specific and should align with your objectives. Develop an Action Plan: Develop an action plan that outlines the steps necessary to implement the strategies. This plan should also include who will be responsible for each action.Monitor Progress: Check to see if the strategies and action plan are working as intended. Tracking progress will allow you to identify issues and adapt your strategy as needed.Adjust the Strategy: If the current strategy is not working, change it. Developing a successful strategic decision necessitates flexibility and the ability to adapt to changing situations.The above steps will ensure success in strategic decision-making.
To know more about successful strategic decision
https://brainly.com/question/17924318
#SPJ11
As the demand for goods and services decreases, job growth
a. increases
b. decreases
c. remains the same
d. none of the above
Please select the best answer from the choices provided
Answers
The growth of jobs declines when the demand for products and services declines. Therefore. option(b): "decreases" is the correct answer.
This movement of increases and decreases related to demand and job growth is related to cyclic unemployment.
An economy's demand for products and services often drops when GDP growth slows, which in turn raises cyclical unemployment.
The demand for labor will rise or shift to the right as the demand for goods and services rises in order to meet the demands of employers for production.
Therefore, option (B): "decreases" is the correct movement of job growth according to a decrease in demand for goods and services.
To learn more about demand and job growth, refer below;
https://brainly.com/question/376696
#SPJ7
What defines how departments work together to meet the service level requirements documented in an sla ?
Answers
A service-level agreement (SLA) refers to the service performance as the measured on the different level as the checked the customer preferences.
What is service?
The term “service” refers to repairing the items and the object. The services are provided by someone who is an expert at repairing the items in exchange for the money.
The term SLA refer to the service-level agreement to define the different level of the services as the customer expectation to the supplier. The service's performance is too measured.
As a result, the departments work together to meet the service level requirements to measure.
Learn more about service, here:
https://brainly.com/question/12096912
#SPJ4
Shakeria wants to start investing. She decides to put $1,000 in her investment account and then decides to add $5,200 (which is one hundred dollars per week) into the account at the end of each year. She expects her investments to earn an average of 9% over the next 30 years. How much will she have at the end of the 30 years?
A. $689,364.25
B. $254,369.25
C. $674,689.33
D. $356,543.89
E. $701,055.34
F. $722,066.88
Answers
4. A few minutes later you came across some old commercials for the movie The Hunger Games.
Again, you realized that you learned about this type of economy in your economics class. Which type
of economic system best describes the fictional country of Panem? How can you tell?
Answers
The type of economic system that is in place in the fictional country of Panem is a Command economy.
How was Panem a command economy ?In a command economy, all economic decisions are made at the discretion of the central authority. The land and the means of production are either owned by the state or a group.
Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of goods and services.
Panem was a command economy in the Hunger Games because the government in the Capital controlled all aspects of life in the various districts.
Find out more on command economies at https://brainly.com/question/30281943
#SPJ1
For the following situations, decide whether this is
an example of an informal or formal trade barrier.
A. Law requiring that stores be closed on Sunday
b. Beliefs about not eating certain foods
c. Special tax on the sale of books
d. Required nutritional information on food
packaging
e. Hiring family members when jobs are available
in an organization
Answers
A=formal trade
B= informal trade
C= formal trade
D= informal trade
E= informal trade
Trade is basically the activities of buying and selling of goods both locally and internationally.
Formal trade barrier refers to factors which affect trading activities negatively and are indeed legal. Such barriers include import duties, taxes etc Informal trade barrier refers to factors which affect trading activities negatively but not from government and they includes transport costs, cumbersome customs practices, regulations, corruption etcThe decision on whether the trade barrier are formal or informal are as follow:
The Law is an example of Formal trade barrier. Various belief like this is an example of Informal trade barrier.The special tax imposed on books is an example of Formal trade barrier.The required nutritional information is an example of Formal trade barrier. Hiring of family members is an example of Informal trade barrier.Lear more about Trade barrier here
brainly.com/question/23607853
Cost Reimbursement and Step Allocation Method Hope Clinic is a not-for-profit outpatient facility that provides medical services to both fee-paying patients and low-income government-supported patients. Reimbursement from the government is based on total actual costs of services provided, including both direct costs of patient services and indirect operating costs. Patient services are provided through two producing departments, Medical Services and Ancillary Services (includes X-ray, therapy, etc.). In addition to the direct costs of these departments, the clinic incurs indirect costs in two service departments, Administration and Facilities. Administration costs are allocated first based on the number of full-time employees, and Facilities costs are then allocated based on space occupied. Costs and related data for the current month are as follows:
Answers
Hope Clinic is a not-for-profit outpatient facility that provides medical services to both fee-paying patients and low-income government-supported patients. The clinic receives reimbursement from the government based on the total actual costs of services provided, which includes both direct costs of patient services and indirect operating costs.
The clinic has two producing departments: Medical Services and Ancillary Services, which include X-ray, therapy, and other services. In addition to the direct costs incurred by these departments, the clinic also incurs indirect costs in two service departments: Administration and Facilities.
To allocate the indirect costs, the clinic uses a step allocation method. First, the Administration costs are allocated based on the number of full-time employees in each department. This step assigns a portion of the Administration costs to the producing departments based on their respective full-time employee counts.
After allocating the Administration costs, the Facilities costs are allocated based on the space occupied by each department. This step assigns a portion of the Facilities costs to the producing departments based on the square footage or other relevant space measurement.
By using the step allocation method, Hope Clinic is able to allocate indirect costs to the producing departments and determine the total actual costs of services provided. These costs are then used for reimbursement calculations with the government.
Learn more about indirect costs here:
https://brainly.com/question/13037939
#SPJ11
Distinguish between the sources of information about foreign employment and the ways of getting it.
Answers
Working for a company in another country is referred to as foreign employment, and you usually only work in one country. This wouldn't be your native country .
While the terms "foreign employment" and "international workforce" (people of a different nationality) are sometimes used interchangeably, the term really refers to a multinational corporation expanding outside of its home country and recruiting there.
Employers prefer foreign employment because they cannot find qualified local employees, necessitating the hiring of foreigners to do the job.
The following are some methods for obtaining information about foreign employment:
Newspapers, notice boards, electronic media (radio, FM, television, etc.), websites, and public programs
Learn more on foreign employment-
https://brainly.in/question/15969075
#SPJ9
Give your opinion based upon the numbers as to whether production seems to be budgeted properly, and whether the corporation can make an adequate profit above breakeven levels
Answers
Answer:
The production level needs to be budgeted accurately as this is the main strategy which is essential for the success of the business. The corporation cannot make adequate on the breakeven level as this is no profit, no loss situation.
Explanation:
The production level is the basis for sales. If the production level is not accurately estimated then there will be over of under production problems to the business. The over production will result in excess cost to the company and under production will result in lesser profit and sales. The breakeven level is the no profit no loss situation. This is the situation where company earns money equal to its cost and expenses and nothing is saved by the company as profit.
the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
Answers
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
To know more about Operating Leverage, visit:
https://brainly.com/question/29743788
#SPJ1
best answer: brainliest
write an essay or a story about receipt (150words) and invoice (150words) seperately
Answers
Answer:
Receipt:
As I walked out of the grocery store, I couldn't help but smile as I looked at the little piece of paper in my hand. It was a simple receipt, listing the items that I had purchased and the total amount I had paid. But to me, it represented so much more than that.
The receipt was proof that I had successfully completed my weekly shopping trip. It was a record of the money that I had spent and the food that I had purchased to feed my family. It was a reminder of the things that I had accomplished that day, and a symbol of the abundance and abundance that I had in my life.
But most of all, the receipt was a symbol of trust. It was a sign that the grocery store had trusted me to pay for my purchases, and that I had trusted them to provide me with the food that I needed. It was a small but important part of the cycle of trust and mutual support that exists between businesses and consumers.
Invoice:
As I sat at my desk, staring at the computer screen, I couldn't help but feel a sense of satisfaction. I had just finished creating an invoice for a client, and it was a work of art. It was clear, concise, and professional, and I knew that it would be well-received.
The invoice was a document that outlined the services that I had provided to my client, along with the associated costs. It was a record of the value that I had delivered, and a reminder of the hard work and dedication that had gone into the project.
But most of all, the invoice was a tool for communication. It was a way for me to let my client know exactly what they owed me for my services, and to ensure that we were both on the same page about the terms of our agreement. It was a crucial part of the business relationship, and I knew that it would be instrumental in maintaining trust and mutual respect between myself and my client.
When do you think is the first point where you will first need to get life insurance?
Answers
2. Age so for retirement reasons
3.Health conditions
4.your partner or you is about to give birth or has a newborn
What is the variable cost of a business if its fixed cost is $8900 and its total costs are $14,000?
Answers
The variable cost of the business is $5,100.
How to determine the variable costTo determine the variable cost of a business, we need to use the formula:
Total cost = Fixed cost + Variable cost
We can rearrange this formula to solve for the variable cost:
Variable cost = Total cost - Fixed cost
Substituting the given values, we get:
Variable cost = $14,000 - $8,900
Variable cost = $5,100
Learn more about variable cost at:
https://brainly.com/question/5965421
#SPJ1
Answer:
The company's variable cost is $5,100.
Explanation:
Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.
Answers
Answer:
Answer C
Explanation:
Answer:C)
Explanation:just got it right<3
Strategic business units that compete in a low-growth market but hold considerable market share are called ________. Their earnings and cash flows are high and stable.
Answers
Strategic business units that compete in a low-growth market but hold considerable market share are called Cash Cows because their earnings and cash flows are high and stable.
What is the Cash Cow?The cash cow is a quadrant in the BCG matrix that shows that a unit has a consistently profitable business and possesses the following characteristics:
Competes in a low-growth market.Holds considerable market share.High and stable cash flows and earnings.Thus, the strategic business unit with the above characteristics is a cash cow.
Learn more about the BCG matrix at https://brainly.com/question/26633615
Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answers
Answer:
Ability to work well with a project team
Explanation:
Let’s say you’re looking to increase the visibility of your company blog. What, in addition to SEO tactics, could you do to make it easy for people to organically find your previously published posts?
Answers
Answer:
Addition of backlinks to your Blog
Explanation:
Addition of backlinks to your blog post is one way you can make it easy for people to organically find your previous published pages
Backlinks are links created and added to a webpage that links the website or webpage to another webpage or blog post. this links makes it easier for people navigating through a company's blog to find previously posted articles without having to search them all over again on the menu page.
For which TWO main purposes do companies use social media?
get the latest advanced technologies
advertise their services and check the market
keep track of their employees’ activities
keep up with the latest industry news
spy on their competitors
Answers
Answer:
advertise their services and check the market and keep up with the latest industry news!
Explanation:
in economics, the demand for a good refers to the amount of the good that people: group of answer choices will buy at various prices. need to achieve a minimum standard of living. would like to have if the good were free. will buy at alternative income levels.
Answers
the demand for a good refers to the amount of the good that people a group of people will like to have different options and different prices at which they can buy a product.
Demand for goods and services
Economists use the term demand to relate to the quantum of some good or service consumers are willing and suitable to buy at each price. Demand is grounded on requirements and wants — a consumer may be suitable to separate between a need and a want, but from an economist’s perspective they're the same thing. Demand is also grounded on capability today. However, you have no effective demand, If you can not pay.
What a buyer pays for a unit of the specific good or service is called price. The total number of units bought at that price is called the volume demanded. An increase in the price of a good or service nearly always decreases the volume demanded of that good or service. Again, a drop in price will increase the volume demanded.
To know more about demand for a good, visit: brainly.com/question/28475159
#SPJ4
Page:
International employment has played
on important role to solve unemployment
problems in Nepal.” Justify the statement
Answers
Answer:
This means that Nepal, as a very underdeveloped country, lacks the necessary amount of domestic capital to build a healthy and functional economy, and for this reason, it requires international help in the form of foreign direct investment that can supply more capital to the country, capital that is used to set up new companies and investment projects that employ more Nepalese people.
If the cost of production decreases for Tesla’s cars, what effect will this have on consumers who want to buy one???
Answers
Answer:
The consumers will pay more.
Explanation:
Should the production cost increase, the price of Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.
Sparkling Water, Inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. This year each bottle will sell for $1.46 in real terms and will cost $.82 in real terms. Sales income and costs occur at year-end. Revenues will rise at a real rate of 1.8 percent annually, while real costs will rise at a real rate of 1.1 percent annually. The real discount rate is 7 percent. The corporate tax rate is 25 percent. What is the company worth today?
Answers
Answer:
$39,345,664.93
Explanation:
The computation of the company worth today is as follows:
Present value of revenues after tax is
= $3,700,000 × 1.46 × (1 - 0.25) ÷ (0.07 - 0.018)
= $77,913,461.54
And, Present value of costs after tax is
= $3,700,000 × 0.82 × (1 -0.25) ÷ (0.07-0.011)
= $38,567,796.61
So, the company worth today is
= $77,913,461.54 - $38,567,796.61
= $39,345,664.93
Fill the blank ("__")
A(n) ____ economy is one in which buyers and settlers freely choose to buy or make whatever they want.
Answers
The free market economy is the one where the buyers & sellers should freely select to buy or make.
The following information related to the free market economy is:
It should depend upon the supply & demand having no government interference. In this, the buyers & sellers have the right to select for making or buying whatever they want.Therefore we can conclude that the free market economy is the one where the buyers & sellers should freely select to buy or make.
Learn more about the economy here: brainly.com/question/11905095
Which of the following statements about check cashing companies is FALSE?
1. They charge low fees.
2. They offer bad deals where you'll owe a lot more than you borrowed.
3. They can take a percentage of your check on top of fees.
4. They make it easy to fall into a loan cycle that is hard to get out of.
Answers
Globalization naturally leads to firms following each other around the world, which then _____.
Answers
Greater access to more expansive global markets is made possible by globalization for businesses in less developed nations. As a result, companies operating in emerging nations have more access to capital markets, technology, human capital, less expensive imports, and bigger export markets.
Globalization is the process by which there are continuously expanding and developing flows of ideas, people, goods (both capital and consumer), services, capital, information, and everything else that ultimately results in the fusion of economies and societies and brings prosperity and advantages to participating nations. Companies are encouraged by globalization to internationalize as well as to significantly increase the amount and variety of cross-border transactions involving capital, goods, and services. The rapid distribution of products, technologies, and information around the world is another effect of globalization.
Learn more about globalization
https://brainly.com/question/25499191
#SPJ4
What economic system does the amish use
Answers
Answer:
Agrarian is the economic system that the Amish use.
Answer:
The Amish live in an agrarian economy. It thrives in the midst of modern society, not because of inherent advantages, but rather because it borrows much more from that society than meets the eye.
Explanation:
How does industrial education affect industries?
Answers
Answer:
Industrial education will help student to know and understand industry demand. ... First, adaptability is a skill will help students to know and understand industry work and world, such as how to use technology, follow all industry SOP, all new chalanges industry, etc. Second, communication is an important skills to had.